The Trader’s Five Deadly Emotions – HiWayFX

A trade will always have an outcome, it’s a fact. Regardless of whether the outcome is positive or negative the trader or investor will always have a set of feelings that will come out as soon as the outcome occurs. Feelings are somewhat unavoidable and at the same time are destructive for the trader’s future if not handled and understood correctly. No matter how many risk management manuals or trading strategies you go through it’s the human part of a trader to feel the result, the good and the bad. At the same time a lack of feelings from the trader can be as equally destructive.